However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates into 2025).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

That was pretty cool. 

The cool thing though is you can achieve 10-30K in cash flow per home.

When the U.S. treasury markets unwind, this will create a "leverage cascade" that you do not want to be exposed to - since there will be no exit liquidity during this time. 

I have about $1M liquid currently but wouldn’t want to invest more than $200k on a property.

Really cool to see a pro athlete from Greece diving into real estate!

You also want to look at your liquid reserves because as you buy more rentals more PITI reserves are required and a Heloc can "Never" be used as an asset or for a PITI reserve.If you evver have any questions feel free to reach out I enjoy talking REI and I deal with them every day as  Banker.  

Cool!

With rents cooling off, some landlords are becoming more desperate to fill vacancies and may be more inclined to approve tenants who don’t quite meet all the usual criteria.

Do you think overbuilding is the main cause, or could the rising interest rates and overall cost of living in Austin be cooling things off as well?